GAZ produces 97,927 cars in first half of 2002

GAZ, a Russian car maker, produced 97,927 vehicles in the first half of this year, an increase of 12 percent as compared to the first half of 2001, according to the GAZ press service. In January-June 2002 GAZ produced 36,730 cars (a decrease of 450 cars as compared to the first half of 2001), 46,005 trucks (against 41,553 produced in the first half of 2001) and 15,192 mini-buses (against 8,684 mini-buses in the first half of last year). The Russian car make produced spare parts to the amount of RUR795.1 million (around $25.23 million) (against RUR572.9 million or around $18.19 million in January-June 2001). In terms of the rate of return, GAZ broke even in the first half of 2002.

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